Ventura County Real Estate Journal

News and Views on Real Estate Issues in Ventura County

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Entries Tagged as 'Real Estate Taxes'

Proposition 8 May Offer Tax Relief for Some Ventura County Homeowners

June 22nd, 2008 · No Comments · Real Estate, Real Estate Taxes

Proposition 8, passed in November 1978, amended Proposition 13 to reflect declines in property value.  Proposition 8 reductions are temporary reductions which recognize the fact that the current market value of a property has fallen below its current factored Proposition 13 base year value. 
Anyone who has purchased Ventura County real estate in the last few [...]

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Ventura Seller Surprised by Supplemental Property Tax Bill…

May 2nd, 2008 · No Comments · Real Estate, Real Estate Taxes

…Nearly Two Years after Sale!
The best escrow is a closed escrow.  Job well done…satisfied clients…all is well and it’s time to focus on the next one. Sometimes, though, like a zombie from a B-movie, a closed escrow will not die requiring some extra attention to put things right.
This particular example starts with a panicked phone [...]

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What the PTF***?

April 8th, 2008 · No Comments · Real Estate, Real Estate Taxes

(This article was written by my fellow agent and collegue at RE/MAX Gold Coast REALTORS , Janet Dorsey.)
In a previous post titled “Private Transfer Fees—A Hidden Tax”, I described Private Transfer Taxes or Private Transfer Fees, as they are now called. The California Association of REALTORS (C.A.R.) coined these terms, but don’t expect that wording [...]

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